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Search Results 0 to 33 of about 34 (some duplicates have been removed)
and really just ready for a big, big concert. matt? >> i tell you, al, this represents this morning, the motorcade had to actually move these people out of the way. anyway, we'll get back to you in a couple of minutes. >>> meanwhile, there has been a major development in the ongoing budget negotiations. president obama suspended the talks for the today. we'll tell you why and we'll talk to one of the senators who has been inside the negotiating room all week long. >> that's right. and also casey anthony is going to be released this sunday. and -- from prison. authorities are becoming increasingly concerned for her safety and we're live at the jail this morning with details on that story. >>> remember the photo we showed you earlier this week of that massive 18-foot long crocodile, the saltwater croc? a lot of people thought this was a doctor'd photograph. you can believe it's real. we went in search of that beast and we found him. >>> let's begin with that breaking news over night in boston where two delta planes collided. nbc's tom costello covers aviation for us in washington. goo
14% in taxes and corporations pay 0%, and you raise more, you can have us a big deal here. >> they're still drawing lines in the sand that seem insurmountable with weeks to go before the august 2 deadline, congressional leaders are heading back to the white house today for yet another meeting to reach a deal on raising the country's debt ceiling. officials familiar with the negotiations say majority leader eric cantor dominated yesterday's meeting. cantor laid out what was agreed upon in the deficit reduction talks led by vice president biden, specifically $2 trillion in cuts in the next decade. the figure includes $1 trillion in discretionary spending. $200 billion in medicare and medicaid. and $200 billion to $300 billion on saved interest in the debt. >> so the military -- the military, i guess, comes in in the mandatory discretionary spending. >> military. >> sources familiar with the talks add that after the presentation president obama said the two sides might be able to reach consensus on roughly $1 pp 7 trillion. but there are still some issues to resolve. at one point in t
bieber. oh, my god! >> what would you do if justin bieber crashed your wedding, the big day, without an invite. the couple with the wedding video everybody is talking about join us here on "gma." >>> good morning, everyone. george is enjoying a little break with the family and our family member, david muir, is back with us. >> crashing your party. >> justin bieber, david muir, the same thing. >> it's not quite the same thing. >> it is. >> nonetheless. >> how about this extreme weather? >> really something, these pictures coming in. >> from phoenix blowing in last night going through right there. that dust storm, and then these temperatures all -- the majority of the country feeling it, david. >> smoke alarms going off because of the heat. then alarms going off here, these are different kinds as team usa is in the house. look at them just arriving moments ago. what a homecoming. >> we're going to really celebrate with them coming up. love to see them here in times square on our home turf. >> huge crowd for them there this morning. >>> we'll begin with the high-stakes drama unfolding a
the crunch day is actually august 3rd, that's the day when the government has a big $23 billion social security payment and it has between $10 billion and $12 billion in tax revenue coming in. i think the really big issue for the treasury is going to be how it distinguishes between, if you will, paying back the money it already owes, paying back the government bond holders, and paying its ongoing running costs, things like social security, medicare, medicaid, military salaries and so forth, and i think the betting is that the government will put, will give a priority to paying the bills it already owes, to paying the bond holders, simply because if you don't do that, you go into massive default, and the whole global financial system i think really starts getting shaky, but not paying some of the big government commitments within the united states, that's going to get painful pretty fast. >> not paying the social securitys, the medicares, the medicaids of the world or even our defense budget that's as big of an issue for many in many mind as defaulting on our debt which would be a nonpa
and what doesn't get paid. another big story right now, a massive and dangerous heat wave is gripping much of the nation. here's how it looks and feels across the country. take a look at the red quarter. temperatures expected to reach 104 degrees in parts of texas today, in the southeast, temperatures are expected to reach the upper 90s and more than just uncomfortable, it's dangerous. heat has already claimed the life of at least one person in illinois and adding to that, the heat is causing drought conditions in the deep south to intensify. also this morning, hundreds of thousands still without power in the chicago area after strong thunderstorms rolled through. officials warn the power there might not be back on until saturday. let's go live to rob marciano outdoors this morning, silly rob, in atlanta's piedmont park. sun still not up, so it's still probably manageable there. but a lot of the south waking up this morning to 80 degrees overnight or higher. >> yeah. that's the thing. really hasn't cooled down much overnight, ali. even if you're out before the sun comes up you're still fee
was try to create a new sense of urgency to see if there's a chance to put the big deal back together that he and speaker boehner were close to having this deal last week. but in many ways, this speech was almost oh post mortem, almost setting up the blame game for the fact that no big deal is going to happen. and no matter what happens here at the end of the day, the debt ceiling is going to go up. but nobody is going to be happy about the deal. i can tell you this, ann, i had a bunch of democrats that said to me, would have been a good speech to give two weeks ago. >> i know that he called for public activism, so much so that we hear the capitol hill websites were crashing last night because so many people were trying to e-mail their representatives. it looks like he spooked main street, jim? will he spook also wall street? >> no, not at all. wall street is calm. the markets are looking good today. we had a blip down in the indicators between 9:0 and about 9:20. they came right back. no one is buying the panic, the sky-rocketing interest rates scenario. >> that said, hedge funds are
the big fireworks show they're getting ready for on monday. two concerts on the steps of the capitol, also at the washington monument. but from coast to coast, we're talking beaches and barbecues and camping and celebration. july 1st and the 2011 great escape is on. ♪ hot fun in the summertime >> reporter: from yosemite in the west. >> i like the girls the best. >> reporter: aaa says 39 million americans will travel 59 miles or more this long weekend. that's 1 million fewer than last year. >> reporter: you can blame the pain at pump. the national average for unleaded now $3.54 a gallon, down from the high of $3.98 on may 4th. but still 80 cents higher than a year ago. >> it's still tough because we're still kind of transitioning from how high the gas prices were so we've got in the habit of not traveling as much. >> reporter: the big surprise? while fewer people are driving than a year ago, more people are flying. air travel is up 9% this summer. >> for some people, it actually may be more convenient and cheaper to fly than to drive this year. >> reporter: and airline ticket prices are a
. >>> plus, a warning to parents. backyard trampolines are becoming very popular but they also come with big safety concerns. coming up, one family shares their cautionary story. >>> we're going to meet a newborn so big doctors have already given him a nickname, the moose. at more than 16 pounds, jamichael brown could be the largest baby ever born in texas. everything is bigger in texas. he's going to join us along with his proud parents. >>> let's begin this morning with our top story. the debt ceiling standoff in washington. kristen, good morning. >> good morning to you, ann. president obama met with congressional leaders on sunday to try to get a deal done. that didn't happen. in fact, one official with knowledge of the discussion tells me it was a bit tense. lawmakers are hoping to get a deal done within the next ten days so it can be processed by that august 2nd deadline. their ties were off but the heat was on as the president and congressional leaders met sunday for a second time in less than a week to try to salvage the deal to raise the debt limit. when a reporter asked if a deal co
. >> really big shock. it was a really big shock. >> reporter: the commuter jet which was heading to north carolina suffered major damage to its tail and horizontal stabilizer and the collision came as a rude awaken for one of its passengers. >> i was half asleep. the next thing you know there is a bang. and we all wondered what happened. the pilot came on and said we've been clip bedity plane behind us. >> reporter: even the air traffic controller on duty could not believe what happened. >> did he hit you with his tail, with his wing? >> absolutely he did. >> reporter: a similar incident happened in april at new york's jfk airport when a large air france a-380 hit the tail of a much smaller jet giving it a traumatic spin. an investigation is under way to determine what caused this delta flight to ram into the jet in boston. but for now, passengers are praising delta staffers for their response to the incident. >> i think they responded pretty well. they told us everybody remain calm and they will have somebody come out and take care of us quickly and asked if anybody was hurt. luckily mos
so we've got in the habit of not traveling as much. >> reporter: the big surprise? while fewer people are driving than a year ago, more people are flying. air travel is up 9% this summer. >> for some people, it actually may be more convenient and cheaper to fly than to drive this year. >> reporter: and airline ticket prices are also up, 11% on average. >> we're cutting back on trips and staying home more. >> it is a pretty exciting trip. the first time that anna and i have ever been anywhere together on a trip like this over the big pond. ♪ >> reporter: the top family destination this summer -- orlando. the top destinations for singles and couples -- las vegas, new york, chicago, and seattle. the good news? experts say there are plenty of flexible hotel deals out there, especially orlando, reno, portland, seattle and colorado. >> free nights, free room upgrades, kids stay free, resort credits. take advantage of all of those offerings to offset higher gas prices and higher airfares. >> reporter: back on the maryland shore, a yearly ritual -- >> every year i bring my kids here just to
when negotiations with the taliban move forward and it also may have very big repercussions for the u.s. effort in the south. people called president hamid karzai's brother a corrupt gangster. but the cia's former head of counterterrorism says the u.s. may miss him. >> it's quite like live that what follows is going to be something that will not work to our interest. >> reporter: an afghan official says he was gunned down in his own home, shot in the head and chest by his own guard. the taliban took credit, but it's not clear if the shooter was really working for them. >> the united states condemns in the strongest possible terms the murder of president karzai's half brother in kandahar. >> a u.s. official said quote, while we must deal with ahm ahmed wali karzai, he's widely understood to be corrupt and narcotics trafficker. the state department and u.s. military were trying to build trust in the afghan government. they frequently criticized ahmed wali, but the cia worked with him. >> i think often parts of the u.s. government were working at cross purposes where ahmed wali was conce
mean they've got to pass something big and get it implemented quickly if we're not going to blow past that anyway. >> they really do. you heard secretary geithner yesterday saying that essentially we're running out of runway now and this is something that everyone has been dealing with for many, many months. what speaker boehner, according to one republican source, told gop lawmakers yesterday, is that they have to vote on some kind of a plan by wednesday and they have to post it on-line by today. so, you know, these are pretty tight deadlines that they're up against right now and last check, you know, they're still not close on a deal yet. nonetheless they have to get something done as he pointed out by wednesday to meet that august 2nd deadline. >> they don't have to be tight deadlines. >> never has to be tight deadlines. >> this is a crisis made in washington. >> as mark preston told me about half an hour ago, on the phone, he said guys, it's washington. that's -- >> this is how it always works. >> we'll be with you, talking many times. i have to tell you, grover norquist, the pres
. and they feel that the democrats have an ideological commitment to big government. what they would like to see is the government sweated down. that's the point they've been trying to make. there are honest differences and people have a very different view of what kind of society we ought to live in. >> but at a certain point, david, when there was a big deal on the table and if as you say the president could have brought nancy pelosi along -- i agree with you i think he could have -- the republicans would have gotten a great deficit reduction deal if they hadn't committed to the no tax pledge, right? >> but gloria, asking any party to commit to $1 trillion of tax increases is an awful big deal for a party that all along stood for lower taxes. and when they also feel a lot of these cuts are going to turn out to be illusory. their experience in the past they sign onto the bargains and they feel the democrats eventually end up getting what they wanted and what they wanted never materializes. >> there's a big difference between that and nothing. >> i agree. [ overlapping speakers ] >> so david, wh
a deal, it starts to weaken the white house i guess. >> reporter: a big deal of deficit reduction obviously is feeling very elusive and chances of doing something like that seem to be very slim at this point. in terms of the debt ceiling, they are very much relying on a plan being worked out by senators reed and mcconnell, top democrat and republican in the senate, to move something forward so the senate can take a lead and the house can then follow suit maybe making some changes. i think right now that's the best hope. i do want to tell you looking at the president's schedule today, it's mighty bare. his normal presidential briefing and meetings with senior advisers but certainly there's a lot of room built in there for any sort of communication he needs to do with congress. >> right. there was talk they are working through the weekend so they are doing everything possible to come to an agreement. >> over night too. >> u.s. and libya hosting secret face to face talks since the libyan conflict began four months ago. the point of the weekend meeting was to send a clear message to m
's not as risky as an uncontrolled delivery and emergency surgery. so really, three big differences here when you compare it to a standard c-section. time. normally when we do a c-section we can have the baby out in seconds. this operation, as we heard, takes hours, before then the baby was born. also, type of an es 2450esh yeah. the goal in the c-section is to keep the baby awake and the mother calm, with good anesthesia so that the anesthesia doesn't go to the baby. in this case you want that anesthesia to the baby because you don't want the baby moving. in blood loss, in a c-section you want to keep the uterus contracted so you don't lose a lot of blood. this is the opposite. it's incredible. >> nice to have you with us. we'll be right back. >> "cbs healthwatch" sponsored by v-8 v-fusion juice. vegetable and fruit juice that just tastes like fruit. discover customersl are getting five percent cashback bonus at the pump... and at many of the places their summer plans take them. it pays to switch, it pays to discover. you get so hooked you'll want to pass it on to a friend. go to getfreshwithafr
. hi honey! ♪ h-o-t-w-i-r-e... ♪ hotwire.com >>> no progress reported tonight on the big deficit reduction talks at the white house. with that, this warning tonight from moody's investor service. the federal government could lose its top of the line credit rating if the white house and congress can't agree on a plan to increase the nation's debt ceiling, meaning allow washington to borrow more money to help pay its bills. that warning came just a few hours after this sober math lesson from the fed chairman ben bernanke. since the government borrows 40 cents of every dollar it spends, a fall you'ilure to increase washington's credit limit would require a 40% cutback in spending. >> significant cuts in social security, medicare, military pay, or some combination of those in order to avoid borrowing more money. >> now that sounds ominous, but some conservatives think the catastrophe scenarios are exaggerated. >> if congress fails to raise the debt ceiling by $2.5 trillion, that somehow the united states will go into default, and we will lose the full faith and credit of the united s
to change entitlements and we know we're going to need revenues if we want a big package to solve the deal. now if it turns out the other side won't budge on anything, then we're going to be here every day until we get this done. >> senator mcconnell's proposal which we mentioned briefly at the top came out after you sat down with the president but what are the white house and other leaders saying about it this morning? >> well, there's a sense of relief, you can almost feel it all across washington today, erica, because senator mcconnell's proposal would help them step back from the brink. the president's spokesperson, jay carney, said yesterday that default is not an option, and they said some positive things about senator mcconnell's proposal, so everyone today is debating that proposal, but there is a sense that it lets some of the pressure off and may help the country avoid default. >> so in some ways it lets some of the pressure off politically. even though the president told you it's time to set politics aside, neither party wants to be the one that causes the u.s. to default so you
problem. >> i could go on and on. tom says the fault lies with the system that allows big money, party loyalty and special interests to decide who gets elected. how we started moving down this path. >> very thoughtful responses from all of you. thank you very much. that's it for us. we'll be back tomorrow morning at 6:00 am eastern. >> cnn newsroom with kyra phillips starts right now. hi, kyra. >> hi, guys. good morning. >>> two breaking news stories this morning. first of all, the nfl, it looks like, they might have come together on a deal here. nfl.com is reporting that the players and the owners have agreed on something that will end the lockout. we're following it right now. we're just getting the information in. that means that the players vote will happen later today in more of a formal setting. training camp could start as early as wednesday now, we've been told. david mattingly has been following this for us. he has been live out of atlanta every day, at least he was last week when those negotiations were taking place. david, did you just get word that something came forward ju
ones that any possible compromise, big or small, long term or short, simply is not going to make it through the house of representatives. now, you may think that this is businesses usual in washington. two sides pushing a crisis to the brink in order to get the best possible deal for their side. but jessica yellin is reporting that some of her sources are telling her that this is anything but a normal crisis. she joins us now. jessica, thanks. your sources are saying this is becoming an abnormal crisis. what happened today? >> reporter: well, there was a lot of process, sanjay. and a lot of discussion and still no break through is the bottom line. we are less than two days away from the president's self-imposed july 22nd deadline for a deal. and still there is no deal. and now some on capitol hill, some of even the president's allies are saying this is now in their view time to cut bait and stop going for the big deficit reductions package they've been talk about and find the easiest path forward to get the debt ceiling raised and worry about deficit reductions at another time. >
on the "cbs evening news." >> all right. good news here. guess whose birthday is today? >> big "g." >> that's right, jeff glor at the news desk. >> happy birthday. >> that is very nice. unexpected surprise. >> chris baked a cake. >> wow. >> get ready. >> after the show. good morning. we begin here now with an assassination in afghanistan. the powerful half-brother of afghan president hamid karzai was murdered this morning. officials say that ahmed wali karzai was shot to death by one of his own bodyguards at his home in kandahar. cbs news correspondent mandy clark is there. >> god willing there will be an answer of pain and suffering on the people, and peace and security will be implemented in our country so that no other afghan family will go through such pains that we all have suffered. >> reporter: ahmed wali karzai was a controversial figure. he was widely seen as the de facto governor of kandahar province, giving orders to public officials behind the scenes, but more importantly in this society, solving tribal disputes. over the years there were persistent reports that he was involved
Search Results 0 to 33 of about 34 (some duplicates have been removed)